Overview


What we do
Based in Chicago, we develop and implement software applications that align sales, credit and collections. Our award-winning product, ForsevaTRM delivers unparalleled benefits for companies seeking to lower DSO/bad debt and operational expenses, improve cash flow and shorten quote-to-cash cycles and manage sales activities more profitably.

How we do it
Our applications are delivered on demand via the Internet as software-as-a-service (SaaS) solutions (also known as cloud computing solutions) and include standard "best practice" configurations and point-and-click setup. No costly hardware, servers or software to install and maintain. No lengthy consulting and integration projects required to implement our solutions. No large upfront capital investments to make. Affordable annual subscription plans go easy on the budget. As a result, Forseva applications deploy to users quickly, adapt to changes easily and result in a very low total cost of ownership.

Who we are
Our company is built on the energy, creativity, commitment and experience of our people. Led by a management team that averages over 20 years of industry experience, we value integrity, passion and humility as core principles upon which we have built our culture. We've dedicated ourselves to maintaining a working environment where you can enjoy a challenging career while preserving a healthy balance with your personal life.

Our Management Team

Charles Craigmile
President and CEO
ccraigmile@forseva.com

Charles has had significant experience running businesses in the consumer products and logistics industries with a track record of growing P&L's profitably. From 2006-2009, as Vice President and General Manager of Schneider Logistics, Charles led the establishment and growth of this new business unit with four multi-modal logistic centers in the US to over $200 million in revenue in three years. Prior to Schneider Logistics, Charles was Vice President of Operations and Supply Chain at Learning Curve International, a children's toy company. Charles ran the manufacturing, distribution and product development for LCI, located in China, the US, Canada, Australia and the UK while the company grew 75% and reached revenue of $135 million before being acquired by RC2 Corporation in 2003. Prior to this, Charles held various lead operations and logistics positions with consumer product companies and also worked for Ernst & Young from 1993-1996 in their Management Consulting practice in Chicago implementing ERP solutions at Fortune 1000 customers. Charles received an MBA in Operations and Finance from Northwestern University's Kellogg Business School in 1993. He also holds an MA in philosophy from DePaul University. Charles is a graduate of University of St. Thomas, in St. Paul, MN, where he received a B.A. in philosophy in 1985, with minors in Latin and Greek.

Mike Horvath
EVP of Sales and Chief Marketing Officer
mhorvath@forseva.com

Mike is responsible for the company's go-to-market and product strategy. He brings 25 years of experience in sales, marketing and customer service in the software industry. As VP of Sales at eCredit, a pioneer in credit risk management and collections software delivered as a service (SaaS), the company achieved steady annual growth over 4 years and was acquired by Fidelity Ventures in 2006. As RVP of Sales at Quintus, a provider of CRM applications, he led the top sales region until the company was acquired by Avaya in 2001. Other experience includes VP of Sales at Shoptalk, a provider of interactive voice response applications built on the VXML standard and VP of Professional Service at Metatomix, a provider of commercial and public sector applications built on semantic web (web 3.0) technology. Mike is a graduate of Northern Illinois University where he received a B.S. in Marketing.

Jeff Parisi
Vice President of Sales
jparisi@forseva.com

Jeff is responsible for direct and partnership sales of Forseva's Trade Receivables Management (TRM) application solutions. He has over 20 years experience in the TRM marketplace starting at Dun & Bradstreet where in the mid-90's he helped sell and launch D&B's new software solution called Risk Assessment Manager (RAM). From 2000-2009 he sold, consulted and wrote the credit policies for over 50 of the largest Fortune 500 companies while working with Boston based company eCredit. He has been a frequently invited guest speaker at numerous Credit Groups and Trade Associations, including the ECF, CRF, AFP and NACM both in the US and in Europe. He has had over a dozen articles published by Business Credit and other financial publications on the value and ROI benefits of implementing a TRM solution. Jeff is a graduate of Western Illinois University, Macomb, IL where he received a B.S. in Management and Communications. In 1999 Jeff received his MBA in Finance from DePaul University, Chicago, IL.

Dave Craigmile
Chief Technology Officer
dcraigmile@forseva.com

Dave has spent 20 years designing and implementing large-scale, highly-reliable, customer-facing applications for the Fortune 1000 and various technology startup companies. As Chief Technology Officer of CaseKnowledge, Dave designed and implemented an award-winning litigation management product delivered on an ASP platform. As Vice-President of Technology at Shoptalk, he designed and implemented a 500,000-member, B2C portal that allowed consumers to interact with the system via both a web browser and a speech recognition-based phone interface. He also designed cutting-edge products for banking, manufacturing, and media clients during his years as a consultant at Accenture, Ernst & Whinney, and as an independent software developer. He started his career at Motorola designing cell phone hardware and software. Dave earned an Electrical Engineering degree from MIT and an MBA from the Kellogg Graduate School of Business. He is an issued software patent inventor.

Tom Hoban
Vice President of Application Development
thoban@forseva.com

Tom began his career in 1984 with EDS in their highly regarded System Engineer Development program. With EDS Plant Automation division, Tom stepped into key technical roles on several automation initiatives for EDS's then parent company General Motors. Tom has led major software development projects for both Fortune 500 companies and for fledgling start up companies. As Lead Architect at Shoptalk, Tom led the design of a cutting edge web based framework for speech recognition applications. Tom is the lead inventor on issued patents related to that design. As VP of Engineering at CaseKnowledge, Tom instituted an agile software development process and built a team that was highly effective in delivering frequent and flawless releases of CaseKnowledge's flagship service based software product. Tom knows how to take a business concept and build a rock solid technology platform to make the concept a reality. Tom holds degrees from Indiana University (BS - Business Administration), Wayne State University (MS - Operations Research) and Notre Dame (MBA).